10 Tips For Diversifying Your Investment Portfolio:#1 Asset Allocation
You should distribute your money among different assets based on your age and lifestyle.
#2 Diversification Is A Must
Don’t put all of your eggs in one basket. Instead, you should be distributing your money among various classes of securities using an appropriate allocation.
#6 Buy-Hold Strategy and Don’t Be Greedy
When building an investment portfolio, it is a prudent idea to use a buy-hold strategy rather than trading securities.
#8 Have Some Exposure to Global Markets
Investors seek potentially higher returns and exposure to faster-growing global markets, especially when the US markets are experiencing weakness.
# 10 Rebalance Your Portfolio Periodically
It is essential to periodically review your investment portfolio and consider rebalancing the various assets.